In password security, the longer the better. With a password manager, using more than 24 characters is simple. Unless, of course, the secure password is not accepted due to its length. (In this case, through STOVE.)
Possibly indicating cleartext storage of a limited field (which is an absolute no-go), or suboptimal or lacking security practices.
No repeats??? Like, you cant have ‘aaaa123@’ as a password?
You’re just making it easier to brute force…
Since the password has to be changed every two months, I would assume that it means no repeating previously used passwords.